Harrisonblog

As of today at noon, the Home Efficiency Rebate Program is open again, making approximately $5 million available to those who make their existing homes more energy efficient. This seems like a lot of money (which is provided by the Department of Mines, Minerals, and Energy), but it will not last long.
According to the Division [...]

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There is a tax credit in Virginia called the Livable Home Tax Credit, which grants up to $5,000 to folks who purchase a new accessible housing unit, or to up to 50% of cost for folks who retrofit an existing residence with accessibility features. (The limit used to be $2,000, but was recently increased to [...]

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You might recall that we posted earlier this year about the Mortgage Interest Deduction and how the current Administration is trying to change this tax deduction that has been in place for over 80 years. Well, as you can imagine, this has stirred up some strong feelings from homeowners. In a recent opinion poll over [...]

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A while ago we posted about using solar energy to power your home, and how EMU has been making Virginia history by installing the Commonwealth’s largest solar panel array. Solar energy is a very economical use of resources, and is becoming more and more popular. There have been tax credits available for those going after [...]

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Tax season is here, and will be gone before we know it! If you used the first time home buyer tax credit in 2009, or are thinking about claiming the extended tax credit this year, you’ll want IRS Form 5405. [Click here to download the form.] For a full set of details about the tax [...]

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President Obama signed the extended home buyer tax credit bill on Friday. So, what does this mean? How does it work?
We’ve already gone over some of the major changes to the credit, but here they are again:

Both first-timers and existing homeowners would be able to take advantage of the expanded program through the end of [...]

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Yesterday, we posted some news about the first time home buyer tax credit being extended until April, along with some changes to the credit, including allowing existing homeowners $6,500 towards their purchase of a “move-up” home. (Note: There are more details to this new bill, so if you are interested, be sure to read up [...]

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The first-time home buyer tax credit has helped a lot of families across the nation in purchasing a home this year, but it is set to expire at the end of this month. There is a bill going through congress this week, and has already been unanimously agreed upon by the Senate (next — possibly [...]

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We’ve posted a lot about the first time home buyer tax credit lately, but what about some other tax credits related to real estate? Energy efficiency can not only gain you tax credits, but also confidence in that you are helping the environment, and energy savings long-term.
We came across this really cool guide to energy-efficiency [...]

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Real estate agents have been asked many questions about the new First Time Home Buyer Tax Credit, so here is a clear explanation of what it is, who qualifies, and how those who qualify get their money. To read up on the background of this tax credit, read our previous post titled “New and Improved [...]

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